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Uncle Sam on the watch T
United States following up on labour restrictions in Macau
he US consul general for Macau and Hong
Kong, Stephen Young, says he has been following the recent restrictions on imported labour in Macau. Mr Young says he is optimistic that these policy changes will not damage the interests of US companies operating in Macau. “I’ve been assured by
the chief executive and others that the necessary workers that these guys [US-based casino companies operating in Macau] need to do their jobs to both build and run casinos will be available, and it’s an ongoing dialogue that they and I and the government of Macau continue to pursue,” he said, quoted by the Dow Jones Newswires. Mr Young was clear in
stressing the importance of Air Macau expects MOP100 million-plus profit in 2010
Air Macau’s executive vice-president, Wang Xuefang, said yesterday that the airline company would fi nally post a profi t this year, following years of losses. Mr Wang told Portuguese language daily Jornal Tribuna de Macau that Air Macau expects to post a profi t of MOP100 million-plus (US$12.5 million) for
Legislators’ work not that good: survey
Only 20.1 percent of the population are “satisfi ed” or “very satisfi ed” with the work of the Legislative Assembly’s 12 directly elected legislators in the 2009/2010 legislative term. According to the fi ndings of a survey released by the New Vision of Macau Association, 14.47 percent of the interviewees were “very dissatisfi ed” or “dissatisfi ed”. About half of the interviewees ranked the lawmakers performance as “fi fty-fi fty”. Among the lawmakers, Ng Kuok Cheong and Kwan Tsui Hang were selected as the most popular and the best known. The less popular were Stanley Ho’s fourth wife, Angela Leong On Kei and Melinda Chan Mei Yi. However, around 30 percent of the interviewees admitted they didn’t know who are the current directly elected legislators.
OCTOBER 2010
the whole of 2010. Air Macau lost MOP257 million in 2009, down almost 40 percent on the MOP416 million it lost in 2008. According to Mr Wang, the good results for 2010 are due to a good marketing campaign, a better economic environment and also to the new routes launched by the company.
Pay rise for public servants
Macau’s public servants are poised to see their wages increase in 2011. Chief Executive Fernando Chui Sai On is set to announce a pay rise for local public servants in November, during the announcement of his Policy Address for 2011, Radio Macau reported. For now, the discussions on how big the pay rise should be are still ongoing. The last pay rise for Macau’s public workers took place in 2008. Back then, their wages were increased by 7.27 percent.
Macau to US interests. “For an American representative here, the fact that we have six to eight billion [US dollars] of direct investment in the Macau gaming industry alone warrants my attention.”
Mr Young said he has
already met Macau’s chief executive, Fernando Chui Sai On three times, besides having held meetings with representatives of the three US-based casino operators
present in the Macau gaming market: Las Vegas Sands, Wynn Resorts and MGM Resorts International. Last month, he met with Sands China’s new management team.
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